Posts about "electric vehicles"

Lucid Motors continues to experience growth in electric vehicle sales for the seventh consecutive quarter. Despite falling short of initial targets set during its IPO in 2021, the company sees increasing consumer interest as the expiration of a tax credit looms.

Tesla has introduced more affordable versions of its popular Model 3 and Model Y vehicles, with price tags starting at 6,990 and 9,990. While these prices are reduced compared to previous models, the difference is marginal, sparking debates on affordability in the electric vehicle market.

A research initiative at Penn State has unveiled a pioneering method of leveraging streetlights as electric vehicle charging stations. The study, involving the installation of 23 charging units in Kansas City, revealed that these streetlight-based chargers are not only faster and more cost-effective than conventional charging stations but also more environmentally sustainable. Moreover, the AI-driven approach prioritizes scalability and equity, allowing for broader implementation in urban settings.

Researchers have developed a sodium-based solid-state battery that functions efficiently in subzero environments. This innovation could offer a safer and more sustainable alternative to lithium-based batteries, holding promise for electric vehicles, electronics, and energy grids across Europe.

Belgian startup LIZY has secured €75 million in funding to expand its innovative model of circular electric vehicle leasing. The company aims to revolutionize car leasing by continuously reusing electric vehicles rather than producing new ones for each contract, marking a significant step towards sustainable transportation.